Mexico Razor Market Size & Outlook, 2024-2030

The razor market in Mexico is expected to reach a projected revenue of US$ 1,731.4 million by 2030. A compound annual growth rate of 3.3% is expected of Mexico razor market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,422.2
Forecast, 2030 (US$M)
$1,731.4
CAGR, 2025 - 2030
3.3%
Report Coverage
Mexico

Mexico razor market highlights

  • The Mexico razor market generated a revenue of USD 1,422.2 million in 2024 and is expected to reach USD 1,731.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3.3% from 2025 to 2030.
  • In terms of segment, catridge was the largest revenue generating product in 2024.
  • Electric is the most lucrative product segment registering the fastest growth during the forecast period.

Razor market data book summary

Market revenue in 2024USD 1,422.2 million
Market revenue in 2030USD 1,731.4 million
Growth rate3.3% (CAGR from 2025 to 2030)
Largest segmentCatridge
Fastest growing segmentElectric
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCatridge, Disposable, Electric
Key market players worldwideProcter & Gamble Co, Koninklijke Philips NV, Syska, Edgewell Personal Care Co, Harry's, Bic, Supermax Drugs & Pharmaceuticals, B. Braun Medical, Dorco USA, Novartis AG ADR

Other key industry trends

  • In terms of revenue, Mexico accounted for 11.3% of the global razor market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. razor market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 370.9 million by 2030.

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Razor Market Companies

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Mexico razor market size, by product, 2018-2030 (US$M)

Mexico Razor Market Outlook Share, 2024 & 2030 (US$M)

Mexico razor market size, by product, 2018-2030 (US$M)

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